10 Succession Planning Best Practices

Succession planning can seem easy when discussing it as a big-picture concept at dinner or over drinks. However, there’s much more to executing a thoughtful, methodical strategy than scribbled notes on scrap paper. If not done well, some companies end up scrambling looking for replacements, hiring overly paid and risky outsiders, or over-promoting unqualified candidates out of sheer necessity. That’s where O’Rourke and Associates comes in. Whether it’s a full search or succession planning consultation, we’ve got you covered with extensive industry knowledge and experience, along with rock-solid advice. Here are some tips for thinking through your company’s succession planning.